I think the market tends to rally in front of a Fed meeting, ... I think what is going to happen is no action (to raise rates), hawkish comments and the rally fades, because what you then have to turn your attention to is what will earnings be. If growth goes from 5.5 percent to 3.5 percent, earnings are going to slow.

Vince Farrell

Fed Front Happen Market Meeting Rally Tends Think

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I think they'll (the Fed) move at the meeting but I think the market is grasping at any straws you can twist into an optimistic story.

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I think the Fed knows that a pause at the upcoming meeting would upset the market by sending the message that the Katrina impact is really bad.

— John Forelli

The market wanted to rally, ... But I don't think anything fundamental has changed.

— Russell Jones

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I think the market is due for some sort of rally. The market is very oversold.

— Tom Gallagher

The market is going to sort of tread water until we hear the results of the (Fed) meeting and what the Fed has to say about their decision. That's the 500-pound gorilla of events next week.